Glenn Brathwaite
Advice For A Newbie Buying A FourPlex in NY
7 January 2022 | 12 replies
Step 1 - Talk to a mortgage broker for a pre-approval.Only challenge will be getting an accepted offer with the FHA loan in this competitive market.
Jason Capalad
Property manager compensation
20 September 2021 | 5 replies
So, I recently had an offer accepted and I'm planning on some light rehab.
Stephanie Caruthers
BRRRing on a VA Loan
20 September 2021 | 10 replies
When the AMC send out the bids, Appraisers accept the order and we get feedback that the report is expected to be published by x date.
Grant Wilsterman
Personal Residence Equity Play
20 September 2021 | 0 replies
After some strong negotiating that hinged of us not willing to work with the sellers if they didn't accept our offer that night, we were able to put the house under contract before multiple offers came in.
Grant Wilsterman
Personal Residence Equity Play
20 September 2021 | 0 replies
After some strong negotiating that hinged of us not willing to work with the sellers if they didn't accept our offer that night, we were able to put the house under contract before multiple offers came in.
Anthony Barrueco
FHA 203k eligibility
20 September 2021 | 1 reply
If you stay on the weekends because you are away Mon - Fri, there shouldn't be an issue.Please note, depending on the location, property type, and seller's situation (i.e. their motivation & desired closing date) 203K loans can be difficult to get accepted.
Jacob Holler
Best way to move properties to an LLC
24 September 2021 | 10 replies
If there is a due-on-sale clause; you can just quitclaim them anyway and hope there is no issue or get written acceptance/agreement of the quitclaim from your lender (most likely never going to happen).
Daria B.
Tracking Note Income (capital gain from sale or income)
12 October 2021 | 9 replies
I'm not an accounting expert but I've noticed that, sometimes, there are a few different ways to book things that are acceptable.
Tiago Pina
Urgent - Refinance vs Insurance Policy
21 September 2021 | 11 replies
since the refinence loan ammount will be around $100k, my current policy covers 250% of the loan amount so why can't the bank accept it?
Connor Kerr
House Hack Offer Accepted
20 September 2021 | 1 reply
Not really a question but I would just like to tell the BP community that I just got my first offer accepted for my house back duplex.!